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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 7,461 $ 5,556
Accounts receivable, net of allowance for doubtful accounts of $1,630 and $1,635, respectively 10,085 7,146
Prepaid expenses and other current assets 86 105
Total current assets 17,632 12,807
Property and equipment, net of accumulated depreciation of $3,991 and $5,451, respectively 268 928
Right of use assets-operating 1,862 585
Right of use assets-finance 153 218
Trademarks and trade names with indefinite lives 8,467 8,467
Goodwill 7,547 7,547
Other assets 97 93
TOTAL ASSETS 36,026 30,645
Current liabilities:    
Accounts payable and accrued liabilities 3,304 2,867
Due to models 7,741 6,265
Lease liabilities – operating, current 478 435
Lease liabilities – finance, current 52 77
Term loan – current 0 414
Total current liabilities 11,575 10,058
Long term liabilities:    
Net deferred income tax liability 1,986 1,449
Lease liabilities – operating, non-current 1,438 180
Lease liabilities – finance, non-current 108 149
Term loan – non-current 0 2,303
Total long term liabilities 3,532 4,081
Total liabilities 15,107 14,139
Shareholders’ equity:    
Common stock, $0.01 par value, 9,000,000 shares authorized; 6,472,038 shares issued at September 30, 2021 and December 31, 2020 65 65
Treasury stock, 1,314,694 shares at September 30, 2021 and December 31, 2020, at cost (6,371) (6,371)
Additional paid-in capital 88,525 88,487
Accumulated deficit (61,261) (65,756)
Accumulated other comprehensive (loss) income (39) 81
Total shareholders’ equity 20,919 16,506
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY $ 36,026 $ 30,645